Dow Jones
Dow Jones | |
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Basic facts | |
Location: | New York, N.Y. |
Type: | News Media and Finance |
Top official: | Almar Latour, CEO |
Founder(s): | Charles Dow, Edward Jones and Charles Bergstresser |
Year founded: | 1882 |
Employees: | 7,100 |
Website: | Official website |
Connections | |
The Wall Street Journal and News Corp |
Dow Jones is the parent company of The Wall Street Journal and Barron's among other publications. It is also the namesake and formerly the company that created the Dow Jones Industrial Average, which is now owned by S&P Dow Jones Indices, a joint venture between McGraw Hill Financial, CME Group and News Corp, Dow Jones' parent company.[1] Dow Jones was founded in 1882 by Charles Dow, Edward Jones and Charles Bergstresser in Manhattan.[2]
In 2007, News Corp purchased Dow Jones from the Bancroft family and trustees who had 37 percent of the shares in the company.[3]
Background
Dow Jones began in 1882 as a news delivery service. Charles Dow and Edward Jones were journalists working on Wall Street for several years before they met Charles Bergstresser. [4] The three men joined together and started delivering news, by hand, to the stock exchange floor. By 1889, the three men had founded The Wall Street Journal (WSJ).[5][4]
In 2007, Rupert Murdoch's News Corp purchased Dow Jones from the Bancroft family, who had controlled the Dow Jones since 1928, when Clarence W. Barron had left the company to his stepdaughter, Jane Bancroft.[6]
Leadership
As of August 2025, Almar Latour was the CEO of Dow Jones.[7]
Work and activities
News activities
Dow Jones owns 11 publications or brands, primarily covering business and financial news.[8] The largest publication is the Wall Street Journal. As of 2024, the newspaper had over 4.3 million paying print and digital subscribers.[9]
Dow Jones also offers risk and compliance data solutions, Factiva, an informational service, private equity analysis, a venture capital database service, bankruptcy and debt analysis services and instant news service.[10]
A list of Dow Jones companies and services[11][10] |
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Notable endorsements
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Finances
In 1902, Clarence W. Barron purchased Dow Jones for $130,000. By 1966, revenue was upwards of $13 million, compared to 1945 when annual revenues were around $211,000.[4] In 2006, the annual revenue was $1.8 billion with $387 million in earnings. Rupert Murdoch reportedly paid $5.6 billion for Dow Jones, about $60-a-share.[6]
Below are Dow Jones' annual revenues from 2021 to 2025 as reported by its parent company, News Corp:
- 2025: $2.33 billion[12]
- 2024: $2.23 billion[13]
- 2023: $2.15 billion[14]
- 2022: $2.00 billion[15]
- 2021: $1.70 billion[16]
Recent news
The link below is to the most recent stories in a Google news search for the terms Dow Jones. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
External links
Footnotes
- ↑ S&P Dow Jones Indices , "About Us," accessed August 20, 2025
- ↑ Connecticut History , "Humble Beginnings of the Dow Jones: How a Sterling Farmer Became the Toast of Wall Street," April 13, 2022
- ↑ CNN, "News Corp. wins fight for Dow Jones," August 1, 2007
- ↑ 4.0 4.1 4.2 WSJ, "It All Began in the Basement of a Candy Store," August 1, 2007
- ↑ '"Dow Jones, "About Us," accessed September 1, 2015]
- ↑ 6.0 6.1 WSJ, "Murdoch Wins His Bid for Dow Jones," August 1, 2007
- ↑ Dow Jones , "Leadership," accessed August 20, 2025
- ↑ Dow Jones , "Business News," accessed August 20, 2025
- ↑ journal/#:~:text=Wall%20Street%20Journal%20subscriber%20numbers,print%20readers%20continued%20to%20fall. Statista , "Wall Street Journal," accessed August 18, 2025
- ↑ 10.0 10.1 Cite error: Invalid
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- ↑ Cite error: Invalid
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- ↑ News Corp , "News Corporation Reports Fourth Quarter and Full Year Results for Fiscal 2025," August 5, 2025
- ↑ News Corp , "2024 Annual Report," accessed August 20, 2025
- ↑ News Corp , "2023 Annual Report," accessed August 20, 2025
- ↑ News Corp , "2022 Annual Report," accessed August 20, 2025
- ↑ News Corp , "NEWS CORPORATION REPORTS FOURTH QUARTER AND FULL YEAR RESULTS FOR FISCAL 2021," August 5, 2021
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